Celebrating Craft Brewing in the Finger Lakes.
NYS ends exemptions for in-state brewers
In a blow to New York's growing number of small beer crafters, the state has quietly ended tax and fee exemptions for in-state brewers after it was sued by an out-of-state distributor.
All beer sold in New York will now be subject to state and city excise taxes, ending the exemption for the first 200,000 barrels of production. In addition, each type of beer released by a brewery will be subject to an annual $150 registration fee. Previously, New York breweries were exempt if they produced fewer than 1,500 barrels.
Read the full story here: http://online.wsj.com/article/SB1000142405270230472330457736645264544497...